Travel rewards credit cards can save money by earning points or miles to pay for free flights, hotels, and other travel expenses. According to the 2021 Harris Poll, an estimated 28% of Americans say they want to use travel miles or points to book their next adventure. Capital One Venture Rewards is a travel reward earning option. The program is specifically aimed at travelers who prefer to earn miles through shopping rather than points or cash back.<\/p>\n
Capital One Venture Rewards is a rewards program for certain Capital One travel rewards credit cards. The program allows travelers to earn miles on eligible purchases. These miles can be redeemed for travel expenses. The number of miles earned per dollar spent may depend on which card the user has. There are currently four personal credit cards available to earn Capital One Venture Rewards miles:<\/p>\n
The Capital One Venture Rewards Credit Card offers unlimited 2 miles for every $1\u200b\u200b you spend on eligible purchases. So a traveler who spends $25,000 a year on a credit card can get 50,000 miles. New cardholders also have the opportunity to earn an introductory bonus of 60,000 miles by meeting minimum spend requirements.<\/p>\n
This card offers some valuable travel benefits, including:<\/p>\n
There are no international transaction fees on this card, but there is a $95 annual fee.<\/p>\n
The Capital One VentureOne Rewards Credit Card offers unlimited 1.25 miles per dollar on eligible purchases. So, someone who spends $25,000 a year can earn 31,250 miles a year with this card. New cardholders who meet certain spending requirements also receive an introductory bonus of 25,000 miles.<\/p>\n
Features and benefits of this card include:<\/p>\n
With this card, there are neither foreign transaction fees nor annual fees.<\/p>\n
Launched in November 2021, the Capital One Venture X Rewards Credit Card is a premium travel card with an annual fee of $395. Among other risk card benefits, it offers 10 miles per dollar on hotels and rental cars booked through Capital One Travel, 5 miles per dollar on flights booked through Capital One Travel, and 2 miles per dollar on other purchases. It also offers the chance to earn an introductory bonus of 75,000 miles and an annual anniversary bonus of 10,000 miles.<\/p>\n
The Capital One VentureOne Rewards for Good credit card is for people who have good credit but may not be eligible for a Venture Rewards, VentureOne Rewards or Venture X Rewards card due to their credit history. This card earns 1.25 unlimited miles per dollar with no annual fee.<\/p>\n
The same basic card benefits and redemption options apply. However, there is no introductory bonus, and cardholders who qualify for this card cannot use the introductory APR on purchases or balance transfers.<\/p>\n
Earning Venture Rewards miles is as easy as shopping with an eligible Venture Rewards credit card. The main differences between the four cards available are the number of miles you earn per dollar spent and whether you pay an annual fee.<\/p>\n
Assuming you have a Venture Rewards card, you can pay unlimited double miles on every purchase. Your typical annual expenses are as follows:<\/p>\n
The numbers reflect the average annual spending per household as measured by the Bureau of Labor Statistics. 6 Now suppose you charge an additional $10,000 per year for travel. Her total spending this year is $24,784. Based on that, assuming you can write all of these charges to your card, you’ll accumulate 49,568 miles for the year.<\/p>\n
Venture Rewards is one of many travel rewards programs that offer introductory sign-up bonuses to eligible new cardholders. The Venture Rewards, VentureOne Rewards and Venture X Rewards cards all offer bonuses, while the VentureOne Rewards for Good Credit card does not. Here’s a quick look at each card’s bonus comparison.<\/p>\n